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Mar 18, 2013
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i just reported in my column in tax analysts, tax notes, if you take the average increase of income for the bottom 90% of americans from 1966 when lbj was president to 2011, it's $59. you measure that as one inch. the top ten percent line is 163 feet and the top 1% of the top percent. the mitt romney-bill gates crowd, five miles to one inch. >> michael: that's amazing. that's amazing. tell me, is this how things start? is there a reason to be optimistic? >> yes well, look, we got into this terrible situation because of three things. we had a president who said tax cuts will make everybody's income grow up. i have written and challenged the data, no, incomes fell. then we had these unfunded wars. they're going to weigh on us as a cost for long after i'm gone. my children will be old before we're done paying for the war in iraq. the third factor, when we had a meltdown at wall street we put at risk $14.7 trillion--that's the entire output of the entire country for a year to rescue wall street, and we cut back on things like education basic research infrastructure that create lots of jobs
i just reported in my column in tax analysts, tax notes, if you take the average increase of income for the bottom 90% of americans from 1966 when lbj was president to 2011, it's $59. you measure that as one inch. the top ten percent line is 163 feet and the top 1% of the top percent. the mitt romney-bill gates crowd, five miles to one inch. >> michael: that's amazing. that's amazing. tell me, is this how things start? is there a reason to be optimistic? >> yes well, look, we got...
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Mar 18, 2013
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and they are trying to rekwat that with new taxes. >> hal: exactly. the same way as obamacare being viewed as a tax by justice roberts as a way of justifying its existence, that was his way of throwing conservatives a bone while doing what he knew was -- >> the right thing to do. >> hal: right. but it's interesting that they call that out and then they get stuck in this circular -- this cycle that they have of oops said something reasonable or truthful, and i am going to be eaten alive. >> how much of that is actually being eaten live by the red-meat sucking haze and how much is fabricated? i hear about how the tea party or americans for prosperity are threatening to primary republicans who vote in any capacity for any sort of revenue increase but i don't know who that truly is? how strong are they? and would they be able to win? so i don't know if that is a real threat or just a perceived threat, and if it's just a perceived threat, maybe some of these republicans could stand up and say, i'm not all that threatened by you. >> hal: right. a those in p
and they are trying to rekwat that with new taxes. >> hal: exactly. the same way as obamacare being viewed as a tax by justice roberts as a way of justifying its existence, that was his way of throwing conservatives a bone while doing what he knew was -- >> the right thing to do. >> hal: right. but it's interesting that they call that out and then they get stuck in this circular -- this cycle that they have of oops said something reasonable or truthful, and i am going to be...
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Mar 18, 2013
03/13
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me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war you must be high. >> "viewpoint" digs deep into the issues of the day. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those
me about raising taxes. all nothing funner than watching republicans eat each other alive. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. >> if you believe in state's rights but still support the drug war...
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Mar 22, 2013
03/13
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cuts their taxes, which means they are going to raise taxes on everything else. >> caller: right. they call everything else entitlements. what entitlements? i have worked for over 30 years. i put into this thing. ain't nobody giving me anything. i'm on this -- i'm on disability -- i had nine depreciations in four months, i wish one of these guys mitt romney, i would meet him in the street and let him tell me i'm one of the 47%. >> bill: yeah, i would like to see him live your life lee, and put up with what you have had to put up with, with very limited resources, and yet you are the very example of the kind of person that they target. by the way one final point, lee, on entitlements, the real entitlements are the tax breaks the tax loop holes, the tax privileges that these big corporations and the wealthiest of americans get in the tax code. we actually pay them. that's what it amounts to. we actually pay them to ship jobs overseas. we pay them to park their profits overseas. we actually pay the oil companies to do what they ought to be doing anyhow, which is exploring for new sou
cuts their taxes, which means they are going to raise taxes on everything else. >> caller: right. they call everything else entitlements. what entitlements? i have worked for over 30 years. i put into this thing. ain't nobody giving me anything. i'm on this -- i'm on disability -- i had nine depreciations in four months, i wish one of these guys mitt romney, i would meet him in the street and let him tell me i'm one of the 47%. >> bill: yeah, i would like to see him live your life...
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Mar 21, 2013
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and finally i'm discussed that $8 million of our tax money go to israel. and i cannot stand it when my president kowtows and acts like they are our best friend. i would never have a best friend that was so cruel. israel is a cruel nation. with cruel people like bb netanyahu. >> hal: i appreciate the call. but the cruelty of the leaders will never be reflected as the populous even in most cases the majority. there are those two have believed in the interaction of the palestinians and israelis on a regular basis. and many people who believe this fight is more over a waterway. because the water that runs through there -- which side gets the resource is part of the fight. >> really? >> hal: and right now the water falls on the gaza palestinian side of the thing. so it's a way of reclaiming that source -- this is an area of the world where water is of high -- but let's take a break and let's come back. we have a bunch of calls in particular about this. and a couple of people who think that i should become a scientologist or perhaps a free mason, because i will
and finally i'm discussed that $8 million of our tax money go to israel. and i cannot stand it when my president kowtows and acts like they are our best friend. i would never have a best friend that was so cruel. israel is a cruel nation. with cruel people like bb netanyahu. >> hal: i appreciate the call. but the cruelty of the leaders will never be reflected as the populous even in most cases the majority. there are those two have believed in the interaction of the palestinians and...